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JPMorgan Wants to Bring Trillions of Dollars of Tokenized Assets to DeFi
11.6.2022
The bank’s recent tokenization of money market funds with BlackRock dovetails nicely with an institutional DeFi project being led by the Monetary Authority of Singapore
Edward Snowden Says Use Crypto, Don't Invest in It
11.6.2022
Edward Snowden, whistleblower and president of the the Freedom of the Press Foundation, sees more value in cryptocurrencies in their use, saying he doesn't encourage people putting their money into crypto as an investment
Felix Capital Raises $600 Million to Grow Web3 Exposure
11.6.2022
Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its...
Tesla Board Member Kimbal Musk Says Most DAOs Are Not Actually Decentralized
11.6.2022
“Frankly, I think most DAOs are designed to allow the founders to maintain control,” said the founder of food justice charity Big Green DAO
PayPal Allowing Crypto Off Its Platform Heralds a First Step Away From Fiat World, CEO Schulman Says
11.6.2022
"We will instantaneously take your crypto and translate it in to fiat and you will be able to use that in any one of our 35 million merchant accounts,” Sculman said
'You Will Be Fired': Coinbase CEO Brian Armstrong Lambastes Anonymous 'Operation Revive COIN' Petitioner
11.6.2022
An online petition claiming to come from a Coinbase employee(s) called for the removal of a number of company executives
Mike Novogratz Predicts Next Crypto Cycle Begins in October
10.6.2022
The outspoken CEO of Galaxy Digital, and former Lunatic, predicts that the Fed needs to flinch before crypto can recover
Mastercard Now Allowing Cardholders to Buy NFTs
10.6.2022
NFT transactions gained another mainstream step as payments giant Mastercard (MA) said its card holders can buy NFTs on various marketplaces without needing to first purchase cryptocurrency
Huobi Enters Venture Capital With Ivy Blocks
10.6.2022
Crypto exchange Huobi Global formed an investment arm that will focus on DeFi and Web 3
Jack Dorsey’s TBD Announces Web 3 Competitor: Web 5
10.6.2022
Block’s Web5 ditches Web3’s blockchain-centric model and places Bitcoin at the forefront
American Express Adds First Crypto Product With Abra Rewards Card
10.6.2022
A long time in the making, the Abra Crypto Card will be the first Amex cryptocurrency product, said Abra CEO Bill Barhydt
Popular BTM Operator: Bitcoin of America Continues Rapid Expansion in 2022
10.6.2022
Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. The popular BTM operator...
Optimism Attacker Returns 17M Stolen OP Tokens
10.6.2022
The attacker has already cashed out 1 million tokens and kept an additional 1 million
Report: God Of War Ragnarök Planned For November
10.6.2022
This is not a drill, boy: God of War Ragnarök is planned for a November release, Bloomberg reports.Read more
Circle Agrees to Buy Web 3 Infrastructure Platform Cybavo
10.6.2022
Circle signed a definitive agreement to acquire digital asset infrastructure platform Taiwan-based Cybavo for an undisclosed amount
Hop Protocol Airdrops Over 20M Governance Tokens
10.6.2022
Layer 2 bridge Hop Protocol has distributed 20.5 million governance tokens to its users as an estimated value of $0.16 per token
Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600
10.6.2022
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through...
Digital Payments Firm Flexa to Buy Drop Party to Engage With Customers
10.6.2022
Digital payments firm Flexa plans to buy marketing technology company Drop Party to engage with customers through various online campaigns. Terms of the deal weren’t disclosed
Fidelity’s Abigail Johnson Reaffirms Crypto Commitment in Bear Market
10.6.2022
“This is my third crypto winter" the brokerage CEO said at Consensus 2022, looking back on the firm’s trailblazing journey into digital assets
Flexa Expands Payments Suite for Multiple Cryptocurrencies and Wallets
10.6.2022
Flexa said its new feature will enable over 99 digital currencies for payment options